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LLC Ukrainian Energy Exchange

01030, Ukraine, Kyiv, Bohdana Khmelnytskoho 17/52 st., (BC "Leonardo"), 4-th floor – customer service office
01001, Ukraine, Kyiv, Khreschatyk, 44 st., 4-th floor – legal address

Contact-center: +38 (044) 35-35-735
Untreated Timber: +38 (044) 35-77-537
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Bilateral contracts market Indexes – IPS of Ukraine, BASE
Decadal
DEC 2 – 11/26: 8 170,9 UAH/MWh
DEC 1 – 11/26: 5 286,2 UAH/MWh
Monthly
M11/26: 7 000,0 UAH/MWh
M10/26: 6 086,5 UAH/MWh
M9/26: 5 376,9 UAH/MWh

Detailed

UEEX – electric energy
Weighted prices for 15.11.2026
IPS of Ukraine
base load6 972,21 UAH/MW.h
block position (07:00-23:00)5 317,64 UAH/MW.h
block position (23:00-07:00)4 095,29 UAH/MW.h
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UEEX – natural gas
Bid results (natural gas)(UAH)
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
UGS prepayment
resource November 2026:
20 833,5010.11
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
UGS prepayment
resource November 2026:
20 833,5010.11
UGS prepayment
resource December 2026:
20 833,5011.11
GTS afterpayment
resource December 2026:
21 940,91/-0,32%13.11
Weighted average price on 13.11.2026(UAH)
resource December 2026:21 992,95
resource November 2026:19 932,50

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14.10.2026, 17:15

Untreated timber: market overview at UEEX for October 5 – 9, 2026

Over the past week, auctions for untreated timber on the Ukrainian Energy Exchange showed the following results:

  • the exhibited volume put up for sale amounted to 81.3 thousand cubic meters;
  • 9.57 thousand cubic meters of timber were sold;
  • the sales value of the timber totaled UAH 38.77 million (including VAT);
  • sellers generated additional revenue through English-style auctions, amounting to UAH 354.65 thousand (including VAT).

Untreated timber was sold by forestry enterprises from 5 regions of Ukraine. The largest volume was sold in the Zhytomyr region.

Sales volume and total sales value by regions

The breakdown of sales of untreated timber was as follows: 92% round timber, 8% firewood.

Structure of untreated timber sales by assortment, cubic meters

Round timber

During the reporting period, 8.8 thousand cubic meters of round timber were sold for a total amount of UAH 37.16 million (including VAT).

Pine, spruce, and alder accounted for the largest shares of sales, representing 89.98%, 8.07%, and 0.84% of the total volume, respectively. Other species sold included oak, birch, fir, ash, red oak, beech, and aspen.

Sold volume and total cost of round timber sales by species

Given that the auction increment is 1%, the highest average figures were recorded for black alder (19), oak (16), ash (6), and spruce (1).

Average increase from starting price at untreated timber auctions

Firewood

During the reporting period, the volume of sales of firewood amounted to 778.19 cubic meters for the amount of 1.61 million UAH (including VAT).

The vast majority of firewood (>72%) was sold for industrial use.

Structure of firewood sales, cubic meters

Among firewood, coniferous wood was in highest demand, accounting for 75.56% of the total volume.

The chart below shows the breakdown of firewood sales by species group.

Structure of sold firewood by species group, cubic m

In the structure of firewood sales, the first group consists primarily of soft-leaved species with a smaller proportion of hard-leaved species; the second group consists exclusively of conifers; and the third group comprises both conifers and soft-leaved species, with a slight predominance of conifers. In the industrial wood segment, all three types of species are present: conifers are significantly dominant, while hard-leaved and soft-leaved species account for roughly equal, minor shares.

Structure of firewood sales by assortment and species group, cubic m

Price indices

The largest decrease in value was recorded for birch, the price of which currently stands at 3,783.20 UAH/cu. m (including VAT). Conversely, ash saw the greatest price increase among all indices, reaching 9,434.91 UAH/cu. m (including VAT).

Index of weighted average timber prices, for October 5–9, 2026

SpeciesUAH/cubic m (incl. VAT)
Silver birch3,783.20
Forest beech4,539.01
Black alder6,993.13
Common oak23,874.02
Common pine4,231.23
European spruce3,894.46
White fir4,370.46
Common ash9 434.91

The price index for firewood for industrial use decreased, reaching UAH 2,449.97/cubic meter. m with VAT.

Among all types of firewood for non-industrial use, the price for Group 1 wood saw the largest decrease, now standing at 1,359.43 UAH/cu. m (including VAT).

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Weekly index for birch
Weekly index for beech
Weekly index for alder
Weekly index for oak
Weekly index for pine
Weekly index for spruce
Weekly index for fir
Weekly index for ash
Price index for firewood